Canadian Retailer Hudson's Bay to Open Stores in Netherlands

May 17, 2016 3:34 PM

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Canadian retailer Hudson's Bay Company says it plans to open up to 20 new stores in the Netherlands over the next two years, creating thousands of new jobs in a nation recently hit by the closure of a major chain of stores.

Hudson's Bay announced the expansion Tuesday, saying it will open both Hudson's Bay and Saks Off 5th stores.